Not all stocks, though, just the ones with sharp upward trends despite the fundamentals and no dividends or voting rights. How are they different from a big-tech backed shitcoin? You don’t get part of the economic output or even the influence, they are simply a token given to you by a random corpo saying it will be worth more next month.
You can buy a part of company. If you buy 0.00001% of that company, you surely won’t take part in the decisions as your vote does not matter.
From the other side, if millions of people owning 0.00001% of the company were making decisions, it would have been very slow to respond to the competition.
It’s all quite simple. If you disagree with company’s management, just sell the stocks.
And no one is saying that company’s stock will be worth more next month.
Imagine calling stocks your economy.
Not all stocks, though, just the ones with sharp upward trends despite the fundamentals and no dividends or voting rights. How are they different from a big-tech backed shitcoin? You don’t get part of the economic output or even the influence, they are simply a token given to you by a random corpo saying it will be worth more next month.
You can buy a part of company. If you buy 0.00001% of that company, you surely won’t take part in the decisions as your vote does not matter. From the other side, if millions of people owning 0.00001% of the company were making decisions, it would have been very slow to respond to the competition.
It’s all quite simple. If you disagree with company’s management, just sell the stocks. And no one is saying that company’s stock will be worth more next month.